News - Powered by Yahoo NewsChina in hardest private-sector push in decad
SHANGHAI/BEIJING (Reuters) - China signaled on Wednesday it wanted to boost private investment in its energy sector as Beijing makes its most determined push since joining the World Trade Organisation to reduce the role of the state sector in the economy. Many analysts say China must allow more private investment if it is to unlock new sources of economic growth, which the World Bank said would ...
Wed, 23 May 2012 05:59:18 -0700 -
Fitzgerald stepping down as US attorney in Chicag
In a city and state known for tenacious corruption, U.S. Attorney Patrick Fitzgerald became known for equal tenacity in going after politicians of every stripe.
Wed, 23 May 2012 15:55:52 -0700 -
Google cleared in Oracle suit on patent
Google won a major victory as jurors sided with the Internet giant in a high-stakes court battle over patents with business software titan Oracle.
Wed, 23 May 2012 19:47:20 -0700 -
April inflation hits lowest in more than two year
LONDON (Reuters) - Inflation fell to its lowest in more than two years in April, raising the prospect that the Bank of England will be able to inject more stimulus later this year to support the economy. The Office for National Statistics said consumer price inflation eased to 3.0 percent in April from 3.5 percent in March, freeing BoE Governor Mervyn King from the obligation to write an ...
Tue, 22 May 2012 12:46:53 -0700 -
Loach in Cannes with spirited 'The Angels' Share'
Paul Brannigan, the untrained actor who stars in Ken Loach's latest movie, has gone from being unemployed in a rough Glasgow neighborhood to nude scenes with Scarlett Johansson.
Tue, 22 May 2012 10:32:24 -0700 -
Sharp drop in UK retail sales boosts stimulus cas
Retail sales fell sharply in Britain during the wettest April in a century, official data showed Wednesday, a piece of bad economic news which analysts say could help prod the Bank of England to approve more monetary stimulus.
Wed, 23 May 2012 03:19:35 -0700 -
U.S. drone strike kills 10 in northwest Pakistan: official
MIRANSHAH, Pakistan (Reuters) - A U.S. drone strike on suspected Islamist militants in northwest Pakistan killed 10 people on Thursday, Pakistani intelligence officials said, an attack likely to raise tensions in a standoff with Washington over NATO supply routes to Afghanistan. The pilotless drone aircraft attacked a compound in a village in North Waziristan, a day after a similar attack killed ...
Wed, 23 May 2012 21:24:20 -0700 -
Briefs: Man gets life sentence in murder-for-hire plo
A Detroit man convicted for his role in a 2011 murder-for-hire plot that targeted an Armada Township woman was sentenced Wednesday to life in prison with the possibility of parole, according to Macomb Circuit Court records.
Wed, 23 May 2012 22:57:26 -0700 -
Old feud in Bush administration part of Ariz. rac
Richard Carmona arrived in Washington a political novice in 2002 and left four years later scarred and frustrated. He didn't go quietly.
Tue, 22 May 2012 08:20:48 -0700 -
Maersk vessel attacked by pirates in Gulf of Oma
COPENHAGEN (Reuters) - Pirates in the Gulf of Oman attacked the Maersk Texas, a U.S.-flagged cargo ship, but onboard guards repelled them, Maersk Line Ltd, a unit of Danish shipping and oil group A.P. Moller-Maersk, said on Wednesday. The attack on the ship - a 19,592 deadweight tonnes (dwt) vessel which is 148 metres (486 feet) long - took place at noon local time on Wednesday when it was ...
Wed, 23 May 2012 10:04:13 -0700 -